News
El Ni'o raises winter bushfire risk across Australia: IAG
1+ hour, 48+ min ago (155+ words) Insurance Asia News About 75% of total capacity is projected to face severe climate risk exposure by 2030, but US$82 billion in losses can be circumvented, according to Zurich. Sydney-based Kench, who joins from Liberty Specialty Markets, will start in his new…...
APAC insurance outlook neutral for 2026 despite rising claims cost: Fitch
20+ hour, 3+ min ago (198+ words) Insurance Asia News APAC insurance outlook neutral for 2026 despite rising claims cost: Fitch To continue reading the full article and get full access to the Insurance Asia News platform, please enquire about a subscription. Your company may already have a…...
Partner Re APAC CEO James Beedle to retire after 36-year career
19+ hour, 51+ min ago (77+ words) Zhao was formerly head of transactional risk at Gallagher in Australia. Sydney-based Major has been with Market Lane since 2023, most recently business development manager for Australia and New Zealand. Sydney-based Kench, who joins from Liberty Specialty Markets, will start in…...
Risks are not new, but data centre demand to test Asian insurers" mettle as capacity tightens
1+ day, 5+ hour ago (137+ words) Up to 200, 000 jobs could be lost globally in the next three to five years in the banking sector as a result of the increasing utilisation of AI. Growing demand for establishment of a regulatory regime for sidecars to support the…...
IAG warns New Zealand's 'piecemeal' approach to natural hazards is unsustainable
1+ day, 12+ hour ago (180+ words) IAG warns New Zealand's "piecemeal' approach to natural hazards is unsustainable Insurance Asia News IAG warns New Zealand's "piecemeal' approach to natural hazards is unsustainable To continue reading the full article and get full access to the Insurance Asia News…...
Lockton, Marsh, Munich Re, QBE, Knightcorp: 24 APAC insurance people moves of the week
5+ day, 19+ hour ago (1648+ words) Insurance Asia News wraps up the people moves from the insurance industry in Asia this week. BMS" Asia CEO Sandra Lee has been made redundant and is expected to join Lockton in a senior role, according to market sources. Lee…...
Continuum partners with London-based Native to expand digital asset broking in Asia
5+ day, 22+ hour ago (114+ words) Broker taps 30-year industry executive to drive upper middle market growth. Herlina Surya spent the last 15 years at Marsh in Jakarta. Cheung, who was formerly AIG's Hong Kong cyber leader, will rejoin Marsh in Hong Kong this month, Insurance Asia…...
ICA, ICNZ formally join forces to strengthen community resilence, confidence
6+ day, 2+ hour ago (130+ words) Insurance Council of New Zealand (ICNZ) says reforms could redirect over US$355m a year into disaster prevention projects. Fair Trade Commission conducted on-site investigations into suspected collusion in bids for corporate group accident insurance policies. Insurance Council of Australia (ICA)…...
Cyber specialist Emergence acquires renewal rights to Blue Zebra's cyber portfolio
6+ day, 4+ hour ago (123+ words) Miramar Group was created in April by bundling a group of Steadfast-backed underwriting agencies. Managing director for yachts Jason Stephenson will spend time in Hong Kong at key points during the trading year as the business develops its presence in…...
Mistuio Sumitomo, Aioi Nissay target US$1. 75bn profit by FY30 after merger
1+ week, 1+ hour ago (112+ words) Tokyo-based Kobayashi was most recently a client manager at Munich Re. Japanese reinsurer appoints Masahiro Yamada as managing director for Japan, with Ryo Yokochi named as CEO of its Singapore Branch. Tropical storm injures at least nine people and leaves…...